About Lightning eMotors
Lightning eMotors is a publicly listed company based in Loveland (United States) founded in 2008 by Tim Reeser. SaaS management solutions for EV charging operators are provided. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Lightning eMotors has raised $59.8 million across 15 funding rounds from investors including BP Ventures, Castrol InnoVentures and Factor[e] Ventures. Its chief executive, as recorded, is Tim Reeser. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Commercial Vehicles. Its competitors include Proterra, Hyzon Motors and Nikola Motor; 3 of its 3 listed competitors have raised funding.
Company details
Lightning eMotors was founded in 2008 in Loveland, United States, focusing on the electric vehicle sector. SaaS-based platforms for managing EV charging stations are offered, including software, hardware devices, and analytics tools. Multi-category electric vehicles, such as medium- and heavy-duty delivery trucks, shuttle buses, and passenger vans, are also developed to support fleet operations.
- Headquarters Loveland, United States
- Founders Tim Reeser
- Stage Public
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website lightningemotors.com
- Social LinkedIn X Facebook
- Legal Name Lightning Emotors, Inc.
- Annual Revenue$24.41 M (USD)16.3as on Dec 31, 2022
- Net Profit$15.17 M (USD)as on Dec 31, 2022
- EBITDA-$70.22 M (USD)-70.14as on Dec 31, 2022
- Total Equity Funding$59.8M (USD)
in 15 rounds
- Latest Funding Round$41M (USD), Series C
Dec 2019
- InvestorsBP Ventures
& 5 more
Funding Insights of Lightning eMotors
Lightning eMotors has successfully raised a total of $59.8M across 15 strategic funding rounds. The most recent funding activity was a Series C round of $41 million completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $59.8M
- Total Rounds 15
- Last Round Series C — $41M
- First Round $500,000
(May 2010)
- Investors Count 6
Latest 10 of 15 funding rounds of Lightning eMotors with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2019 | Debt – Conventional | – | – | ||
| Dec 2019 | $41M | Series C | – | BP Ventures | – |
| Jun 2018 | $2.5M | Series B | – | – | – |
| Oct 2017 | $2.35M | Series B | – | – | – |
| May 2017 | $5.1M | Series B | – | – | – |
| Jul 2016 | $2.3M | Series A | – | – | – |
| Jun 2015 | $2.03M | Series A | – | – | – |
| Jun 2015 | $2.03M | Series A | – | – | |
| Mar 2015 | Series A | – | Castrol InnoVentures | – | |
| Oct 2014 | Series A | – | Factor[e] Ventures, Aravaipa Ventures | – |
6 investors in total: 6 institutional.
Investors in Lightning eMotors
Lightning eMotors has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include BP Ventures, Castrol InnoVentures and Factor[e] Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in energy technology companies are made by BP Ventures. | bp.com/en/global/bp-ventures | |||
| castrolinnoventures.com | ||||
Early-stage tech and energy focused venture capital firm funding companies in the US, Europe and Africa | factore.com | Nairobi, Kenya | ||
| aravaipaventures.com | ||||
A real estate company focused on creating extraordinary urban places. | 2020 | 9thstreetcapital.com | Golden, United States | |
Develops innovative powertrain technologies for commercial electric fleets. | 1992 | nationalfleethybrids.com | Attleboro, United States |
![Factor[e] Ventures logo](https://img.thecompanycheck.com/b/factore_logo.webp){kind=logo}
Investor details for Lightning eMotors
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People of Lightning eMotors
6 people are tracked at Lightning eMotors (3 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Tim Reeser | Co-Founder & CEO | Leadership |
Kash Sethi | Chief Revenue Officer | Leadership |
Andy Barraclough | Founder & CTO | Leadership |
Johnathan Maurer | Electrical Systems Engineer | Team |
Gabriel Wham | Process And Design Quality Engineer | Team |
Daniel Arnott | Technical Account Manager | Team |
Complete people profiles for Lightning eMotors
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IPO & Listings of Lightning eMotors
Lightning eMotors is a publicly listed company on the OTC with ticker symbol ZEVY in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date07 May 2021
- Listed onFRA: 9LK1
- Listed entityLightning eMotors, Inc.
- Exchange sectorConsumer durables
- ISINUS53228T2006
- Share price$0.00 · 2026-10-12
- Market capitalisation$1,319.00
- Volume (last session)488
Financials of Lightning eMotors
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2022 | $24.4M | $15.2M | -$70.2M |
| 2021 | $21.0M | -$100.8M | -$41.3M |
Detailed financial statements for Lightning eMotors
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Timeline of Lightning eMotors
4 dated milestones of Lightning eMotors across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Lightning eMotors is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series C, of $41.0M.
- IPO Lists on the stock exchange (IPO).
Competitors of Lightning eMotors
Lightning eMotors has 3 listed competitors in our database, 3 of them funded. They include Proterra, Hyzon Motors and Nikola Motor.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| proterra.com | 2004 | Burlingame, United States | $857.79M | 1,247 | Electric buses and charging systems are manufactured for fleets. | |
| hyzonmotors.com | 2019 | New York, United States | $400M | 91 | Developer of multiple categories of commercial vehicles | |
| nikolamotor.com | 2015 | Phoenix, United States | $760M | 870 | Developer of electric trucks |
Detailed competitors of Lightning eMotors
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Web traffic of Lightning eMotors
Websites that share an audience with Lightning eMotors (lightningemotors.com).
Websites whose visitors overlap most with Lightning eMotors. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| exro.com | 100% | 25.1K | #938,664 | View details | |
| greenpowermotor.com | 96% | 8.4K | #2,617,818 | View details | |
| blinkcharging.com | 48% | 84.2K | #459,965 | View details | |
| rizontruck.com | 31% | 8.8K | #2,545,944 | View details | |
| marshell.net | 27% | 11.4K | #2,388,266 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Lightning eMotors
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- 8 similar websites
- Audience overlap
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Lightning eMotors (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Lightning Emotors
Complete news archive for Lightning eMotors
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Frequently Asked Questions about Lightning eMotors
Lightning eMotors was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Lightning eMotors is headquartered in Loveland, United States. It is registered at Loveland, Colorado, United States.
Tim Reeser is the CEO of Lightning eMotors, as recorded in our data. They have also founded this company.
Lightning eMotors is a funded company, having raised a total of $59.8M across 15 funding rounds to date.
Annual revenue of Lightning eMotors is $24.41M as on Dec 31, 2022.
Lightning eMotors was founded in 2008 in Loveland, United States, focusing on the electric vehicle sector. SaaS-based platforms for managing EV charging stations are offered, including software, hardware devices, and analytics tools. Multi-category electric vehicles, such as medium- and heavy-duty delivery trucks, shuttle buses, and passenger vans, are also developed to support fleet operations.
Lightning eMotors's top competitors include Proterra, Hyzon Motors and Nikola Motor.
Yes, Lightning eMotors is publicly traded on OTC under the ticker symbol ZEVY.
Lightning eMotors has 6 investors. Key investors include BP Ventures, Castrol InnoVentures, Factor[e] Ventures, Aravaipa Ventures, and National Fleet Hybrids.